Annual BMC Contribution Added to HSAs
If you are enrolled in the BCBSTX Health Savings Account (HSA) medical plan for 2019 and have an HSA with UMB Bank, BMC deposited 50% of the annual company-provided contribution to your account in January.
If your base salary is: | And you choose: |
Employee-Only Coverage | Other Coverage Levels |
BMC's 2019 Contribution is: |
$75,000 or less | $750 | $1500 |
More than $75,000 | $500 | $1000 |
BMC’s contribution depends on your base salary and how many dependents you cover under the HSA medical plan. Fidelity recommends that you consider contributing the maximum you can afford to your HSA, up to your maximum. Read More
BMC will make a second contribution to your account in July for the remaining 50% of the annual amount listed above.
You are eligible for BMC's HSA contribution if you are actively employed by BMC on the date the company contribution is deposited to your HSA.
You can check your balance and change your contributions on the My BMC Benefits & Compensation website, click on Your Benefits Resources and follow these steps to make the change. You can also call 1-877-262-4849 and select Your Spending Accounts. See the online Benefits Guide for details.
Watch the video to learn more about the benefits of contributing more to your Health Savings Account.